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dollar value of records for gift in kind

  • 1.  dollar value of records for gift in kind

    Posted 07-06-2022 03:31 PM
    Hi all - 

    We've received a collection of old records as a gift-in-kind for our music department. Neither the donor nor the faculty member who received the gift know an approximate dollar value of this collection. I'm wondering how you would record this gift in your Advancement system. Online research leads down a rabbit hole on this one, since so much of the value depends on the musician.

    Help please!

    Jill

    --
    Jill Doub
    Director of Advancement Operations
    University of North Carolina Asheville
    336.406.6792
    jdoub@unca.edu

    Mailing address:
    UNC Asheville Foundation
    1 University Heights, CPO 3800
    Asheville, NC 28804

    Physical address:
    118 W.T. Weaver Blvd
    Asheville, NC 28804



  • 2.  RE: dollar value of records for gift in kind

    Posted 07-06-2022 03:36 PM
    I would take them to a local used record shop (Voltage on Lexington is a good one - or was when I visited) and see if they can give you an estimate.

    Without a third-party to validate you may need to use $1 each as a placeholder.

    John 

    John H. Taylor 
    919.816.5903 (Cell/Text)

    Big Ideas; Small Keyboard





  • 3.  RE: dollar value of records for gift in kind

    Posted 07-08-2022 12:05 PM

    +1 on the $1 placeholder if a third-party estimate isn't available.

     

    Michael Halverson, Ed.D. 

    Office: (305) 284-1608

    Mobile: (320) 363-4987